NOT LISTED FOR SALE

41291 Ocean View Dr Avon, NC 27915

Estimated Value: $926,000 - $1,123,000

5 Beds
6 Baths
3,114 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $680,000 $218 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,027/month

366 Days on Market

Highlights

  • Beach Front
  • Spa
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Wood Flooring

About This Home

As of April 2021

This one is a "must see"! Just steps from the beach, you will be amazed by "Moonglade"s easy access and spectacular ocean views. This 3-story, 5-bedroom/4.5-bath home features a reverse floor plan, hardwood floors, vaulted ceiling, and expansive oceanfront and soundside decks--complete with lattice safety gates on upper decks. Each bedroom in this thoughtfully designed home has a private entrance and faces the ocean. The third-floor great room boasts floor-to-ceiling windows (impact-resistant picture window) with panoramic ocean views, and houses the kitchen, living room(complete with gas-log fireplace), powder room, master bedroom, and master bathroom with ceramic tiled walk-in shower. The large kitchen with recently (2017) installed quartz counter tops and under cabinet lighting provides plenty of extra space for cooking, ample cabinet storage(including pantry), and a counter-height breakfast bar with seating for four. The cathedral ceilings boast beautiful cypress trim work and give light to the spacious interior. All other bedrooms can be found on the second floor, along with 3 full bathrooms, access via the main entry, and access to the oceanfront covered decks. The first floor offers a large game room complete with pool table, mini fridge, ice maker, and half bath,and can be accessed via the dry entry leading from the single car carport. Exterior amenities include 2 outdoor showers, 6-person hot tub,stair tamer for luggage and groceries (to 2nd and 3rd floors), outdoor covered BBQ area, and direct access to the beach. House is equipped with fully electric storm shutters to protect your investment and a brand new septic tank and drainage field was installed in 2019. Just a short walk to the Avon Pier and located across Route 12 from the Food Lion grocery store, shopping, restaurants and a pharmacy. No wonder this home is such a solid rental performer with ROI of more than 10% and more than $81K already on the books for 2021!! Don't miss out on this one...Come and visit "Moonglade" today!! Please see information about beach nourishment in Associated docs.

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 02/14/2020

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 02/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,274

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot
  • Beach Front

HOA Fees

  • $58 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,114 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Association fees include management, pool, road maintenance, tennis courts
  • Pat Weston Association, Phone Number (252) 995-6523
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,274

Year Built

Built in 1993

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Storm Windows, Sun Deck, Dry Entry
  • Flood Zone: AE, VE
  • Subdivision Name: Kinnakeet Shores Phase 5
  • Heated Sq Ft: 3114
  • L V T Date: 02/14/2020
  • Phase: 5
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 66998
  • Advertised Income 2021: 81561
  • Deed Book Pg Number: 0146
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Some Windows Treated, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 700
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-995-6523

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Beach Frontage
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.34
  • Deed Book: 1807

Rental Info

  • Est Annual Rental Income: 73660
  • Estimated Rental Performance: 0.1083
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Moonglade
  • Rental Cottage Number: 1
  • Rental Phone Number: 252-987-1444
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2019
  • Taxes: 4274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Apr 21, 2021
Sold by
Revelle Rentatl Properties Of Obx Llc
Bought by
Hindawi Eric R
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$690,000
Sold Price
$680,000
Premium/Discount to List
-$10,000
-1.45%
Current Estimated Value
$1,045,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,719
Avg. Annual Appreciation
9.57%
Original Mortgage
$475,000
Outstanding Balance
$429,552
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$616,167

Purchase Details

Closed on
Jul 20, 2009
Sold by
Revelle Rental Properties Of The Obx Llc
Bought by
Revelle Thomas Judson and Revelle Deborah Craven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2008
Sold by
Revelle Thomas Judson and Revelle Deborah Craven
Bought by
Revelle Rental Properties Of The Obx Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
Revelle Thomas Judson and Revelle Deborah Craven
Bought by
Revelle Rental Properties Of The Obx Llc

Purchase Details

Closed on
Sep 2, 2007
Sold by
Veith Daniel and Veith Becky Jane
Bought by
Revelle Thomas Judson and Revelle Deborah Craven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hindawi Eric R $680,000 Lennar Title
Revelle Thomas Judson -- None Available
Revelle Rental Properties Of The Obx Llc -- None Available
Revelle Rental Properties Of The Obx Llc -- None Available
Revelle Thomas Judson $975,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hindawi Eric R $475,000
Previous Owner Revelle Thomas Judson $610,000
Previous Owner Revelle Thomas Judson $678,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $680,000 0.0% $218 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
11/02/2020 11/02/20 Price Changed $680,000 -1.4% $218 / Sq Ft
02/14/2020 02/14/20 For Sale $690,000 -- $222 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,076 $1,042,400 $461,700 $580,700
2024 $5,595 $662,000 $339,900 $322,100
2023 $5,595 $674,884 $339,900 $334,984
2022 $5,528 $674,884 $339,900 $334,984
2021 $5,471 $674,884 $339,900 $334,984
2020 $4,274 $674,884 $339,900 $334,984
2019 $4,274 $641,700 $305,600 $336,100
2018 $4,415 $662,400 $305,600 $356,800
2017 $4,415 $662,400 $305,600 $356,800
2016 $4,143 $662,400 $305,600 $356,800
2014 $4,143 $662,400 $305,600 $356,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108316

Outer Banks Association of REALTORS®

APN: 014822061